PrimeXM Sees 4.87% MoM Trading Volume Decline in May 2022

PrimeXM, a provider of FX trading industry technology, has released its Trading Volumes & Execution Statistics for May 2022. According to the press release, the company witnesses a decline in both total trading volume and Average Daily Volume (ADV).

May 2022 Highlights

• PrimeXM XCore Community marks 12 continuous months with volume above 1 trln. The total registered volume in May was $1.147 trillion across all 4 major Data Centers (LD4, NY4, TY3 and SG1), down 4.87% from $1,206.47 trillion in April.

• The Average Daily Volume (ADV) in May was $52.17 billion, down 9.19% MoM and up 21.89% YoY.

• Total executed transactions by the Community in May were 43.07 million,  up 5.65% MoM and up 56.22% YoY vs May 2021.  London (LD4 data center) continues to be the busiest, where $868 billion were transacted, Tokyo (TY3) comes second with $166 billion, NY4 with $109 billion and Singapore SG1 data center with $4.72 billion.

• Traders & Investors prefer to transact the most in Gold with 29.8% of all volume, followed by EURUSD (16.1%), GBPUSD (11%). The three major equity indices #US30, #US100 and #Germany40 represent 20% of all transacted volumes.